$8,500,000
Flagstaff, AZ 86001
MLS# 187008
Status: Closed
28201 sqft

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Property Description
This 100% Occupied 28,201 SF Class A office/medical building is on 1.8 acres, and is located less than a mile southwest of downtown Flagstaff and across the street from the Northern Arizona University campus. Rare Investment Opportunity!!
Details
Maps
Contract Info
Status: Closed
Listing Agreement Date: 2021-08-12
Sold Price: $8,200,000
Current Price: $8,200,000
List Price/SqFt: 301.4
Property Sub-Type: Office Building
Location Tax Legal
County: Coconino
Area: 157 - Milton Commercial
Street #: 399
Direction: S
Street Name: Malpais
Suffix: Lane
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.194426
Geo Lon: -111.657844
Key Words
Sale/Rent: sale
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: Submit
Imprv Sz (Gross SF): 20,000 - 49,999
#Tenants/Units: 5 - 9
Land Size: 1 - 4.9 AC
Trade/Exchange: Submit
General Property Description
Dimensions: 255.38x310.56
Acres: 1.78
Year Built: 2013
Approx SqFt: 28201
Status Change Info
Sold Date: 2022-03-25
Sold Price: $8,200,000
Sold Price/SqFt: 290.76
Financing: Conventional
Property Features
To Show: CLO/KILO
Terms of Sale: 1031 Exchange; Cash; Submit
Leases: Net
Util Pd by Tenant: Electricity; Janitorial; Nat. Gas
Exterior Amenities: Handic. Access; Landscaped; Sprinkler System
Occupancy: Totally Leased
Management: Manager
Construction: Two Story
Roof: Asphalt Shingle
Heating: Central
Cooling: Central Air
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Alley; Curbs; Paved Parking; Sidewalks; St-Blacktop
Location: Corner Lot; Freestanding
Freeway Turn Time: 1-4 Min
Possession: By Agreement
Listing Office: da Vinci Realty
Last Updated: September - 06 - 2024
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